Mayor Michael R. Bloomberg, Department of Transportation Commissioner Janette Sadik-Khan and Citi CEO Vikram Pandit announced Monday that Citi will be the title sponsor for New York City’s new bike share program, 'Citi Bike'.

Stuart Gulliver, chief executive of HBSC, gave his backing to the government's austerity measures on Tuesday even as France's new Socialist president pledged to step back from such tough budget regimes.

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U.K. financial-services employment fell for the second consecutive quarter as banks cut costs amid restrictions on capital and tougher regulation, according to a Confederation of British Industry survey.